PBOC sets yuan mid-point reference rate at 6.4085

FXStreet (Bali) - PBOC sets yuan mid-point reference rate at 6.4085 vs 6.4043 yesterday. Focus will now be on the Shanghai Composite, due to open at 1.30GMT.

PBOC injected 150 bln yuan through 7 day reverse repos. Also injected a net 60 bln yuan via open market operations this week, versus a net 150 bln injection last week.

EUR/JPY offered on dead cross MA's and below 136.65

EUR/JPY is currently trading around the 136 handle with a high of 136.42 and a low of 135.56.
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China's Shanghai Composite set to open up 1.7%

China's Shanghai Composite is set to open up 1.7%, while the CSI300 index trades above 2%.
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